Sentences with phrase «gifts of money»

A recent Ontario Superior Court of Justice ruling should serve as a warning to baby boomer parents helping to support adult children and grandchildren with annual gifts of money,... Read more

A recent Ontario Superior Court of Justice ruling should serve as a warning to baby boomer parents helping to support adult children and grandchildren with annual gifts of money, Greater Toronto - area family lawyer Andrew Feldstein writes in Lawyers Weekly.

Generally, UGMA allows the gifts of money and securities, however, some states have amended their statues to permit gifts of life insurance and annuities.

What I find more interesting in this case, however, is the discussion and, frankly, the finding by the trial judge that gifts of money by the husband's parents ought to factor into his income for the purposes of child and spousal support.

While prior judicial decisions have left the door for that somewhat open, the accepted norm certainly had been that gifts of money, even if they occur regularly, shouldn't factor into an assessment of income.

For example, I kept getting contracts for a race and fulfilling them eventually led to another race declaring war on me, but since I was never given a single contract for them the only way to get back in their good books was to send gifts of money which I couldn't afford to do.

You may know that you're allowed to give gifts of money to other people without triggering taxes — as long as you don't exceed a certain amount.

After receiving gifts of money for my birthday from relatives, I began to recognize the importance and meaning of money.

Known as the Colorado Law Loan Repayment Assistance Program (LRAP), this program awards gifts of money and funds for loan repayment to those that meet the employment criteria and also all other loan requirements.

There's nothing to prevent you from making gifts of money, if you can afford it, without adding to your potential debt load.

other income sources or lump sums (like returns on investments, rental income, savings or gifts of money).

I know this works with gifts of money from spouse to spouse.

Uniform Gift to Minors Act: The law governing gifts of money or securities to a minor, commonly referred to as UGMA.

The number 18 is a spiritual number in Judaism, and many Jews give gifts of money in multiples of 18 — particularly for special occasions like weddings and bar / bat mitzvahs.

If your group is thinking about participating in Giving Tuesday, the effort first organized last year to create a national day of philanthropy on the Tuesday after Thanksgiving, you really need to know one thing: are these NEW donations or just early gifts of money your supporters were planning to make anyway?

If your group is thinking about participating in Giving Tuesday, the effort first organized last year to create a national day of philanthropy on the Tuesday after Thanksgiving, you really need to know one thing: are these NEW donations or just early gifts of money your supporters were planning...

Birthday presents of cash, gifts of money or store cards from grandparents will start coming their way.

At the red egg and ginger party, parents hand out red dyed eggs to the guests, who bring gifts of money and jewelry for the infant.

New Testament writers thought little, I suppose, about the «theology of money» at this rarefied theoretical level, but the New Testament does offer an illuminating perspective on the use and social effect of money, especially gifts of money.

Red packets, which are gifts of money from married to unmarried people, have propelled the growth of China's tech companies like Tencent.

To avoid losing a fortune of your money to taxes, you can whittle down your estate by gifting some of that money tax - free while you're alive.

And yet, in the back of my mind, I know that at some point this friendship will likely lead to the dreaded request for a gift of money or a loan.

Yet as the doomed investigation into the Labour fundraiser Lord Levy in 2006 showed, the law is only broken if there is proof that the two people explicitly agreed that the gift of money was in exchange for an honour.

They then made a series of decisions with regards to generous behavior, such as whether to give a gift of money to somebody who's close to them.

Some mortgage programs allow to use a gift of money from parents or relatives that need not be repaid or grants from a nonprofit housing assistance organizations for a part of your down payment.

A scholarship is a gift of money.

Be careful about the gifting of the money to a minor.

If, in this situation, the parent gives their son or daughter a gift of money or an asset before they die to the exclusion of other children, the optics can lend themselves to an allegation that the son or daughter unduly influenced their parent to make the gift.

But there's a huge difference in getting a gift of that money as opposed to getting someone to lend it to you.

Some mortgage programs allow to use a gift of money from parents or relatives that need not be repaid or grants from a nonprofit housing assistance organizations for a part of your down payment.

Not exact matches

Several hotels are offering unique holiday adventures, some of which include gifts, shopping money — and even a visit from Santa.

You don't have to spend a lot of money to give a special gift that shows someone you care.

And since you have to spend money to save money, this grants you access to a number of Sephora perks — like 10 - percent - off coupons, monthly gifts and free beauty classes (like how to perfect your blowout, huzzah!).

«I turned $ 12,000 of my bar mitzvah gift money into $ 1.65 million trading thousands of stocks from 1999 to 2002, managed the number one Short Bias Hedge Fund from 2003 to 2006, and starred and appeared regularly on CNBC all before the age of 26.

Other forms of «free» money include gifts from relatives, free office space from former employers, and free services from friends or business associates.

Even if you can't afford — or are unwilling — to give your money to charity, you can certainly help your chosen cause with the gift of your knowledge or labor.

For more guidance on strategies to gift your kids money, read up on how to pass along your cash without losing half of it to income taxes.

With Shift My Gift, recipients can donate the money Aunt Gladys wanted to spend on them instead of having to find space for yet another useless tchotchke.

«In these cases, you have a burden of proof to show the IRS that [the money] was not a gift,» says Tom Ochsenschlager, vice president of taxation for the American Institute of Certified Public Accountants.

Because of the way 529 College Savings Accounts are set up and the way the money grows tax - free, it may be more advantageous to make a financial gift to your grandchild instead.

A landscape architect, Karen sits on the board of New York's High Line public park, which Ackman money helped build; and Human Rights Watch, which has received major gifts from the couple.

The result will be the same as the US, the too big to fail banks will be gifted huge swags of Government printed money, Government revenue will collapse and they will then print 50 % of their budget into the foreseeable future.

Employee recognition, sales incentives, years - of - service awards, corporate gifting; no matter your program type, Engentive can help your organization achieve its engagement objectives while saving you valuable time and money.

Of course there a stipulation to this, as customers can only use bitcoin to load money into a Microsoft wallet or create digital gift cards.

If you're not comfortable with gifting money to your friend or family member, you may also want to consider pointing in them in the direction of some unconventional financing options where they can get a loan — even if they have poor credit.

Tatianacoin allows someone to give me whatever form of money they want and get back basically a gift certificate with extra features.

In fact, the National Retail Foundation anticipates Americans will spend upwards of $ 678 billion this year on holiday gifts, and that's not even including money spent on cars, gas and restaurants.

Current mortgage programs allow borrowers to put down as little as 3 % of the purchase price — and the money could be gifted from someone else, like a family member.

Whether the money is in the form of a gift or loan, it is important to get in writing what it entitles the giver to — if anything.

But then I got sick of paying commissions, so now I just set up LendingClub accounts for them and deposit money into their LendingClub accounts when I want to give them a gift.